CFTC Orders Citibank, N.A. and London-based Citigroup Global Markets Limited to Pay a $550,000 Penalty for Swap Data Reporting Violations Involving Legal Entity Identifier Information and Related Supervision Failures Other enforcement

CFTC release 7616-17 · 2017-09-26 · view on cftc.gov ↗

Key facts

Release number: 7616-17
Release date: 2017-09-26
Type: Other enforcement
Primary source: https://www.cftc.gov/PressRoom/PressReleases/7616-17

About CFTC enforcement

The CFTC charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and commodity-pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension. Crypto-asset cases have been a major share since 2019.